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Re:China proposes prohibiting private investment in news ser... by MattGaiser on Saturday October 09, 2021 @10:40AM (#28810272)
At least theoretically, if customers actually valued accuracy, they would punish news organizations that were not accurate. A for profit newspaper would need to respond to the changing market.

A not for profit newspaper could easily have a backer with other motivations, where they might be willing to sacrifice accuracy to push a particular agenda.

I am not sure that the problem is the news. I do not think people really care if they get accurate news.

Re:China proposes prohibiting private investment in news ser... by chmod600 on Saturday October 09, 2021 @10:49AM (#28810359)
Do people not care about accuracy? Or have they just given up?
Re:China proposes prohibiting private investment in news ser... by gruez on Saturday October 09, 2021 @11:16AM (#28810570)
>Do people not care about accuracy?

Evidently not. When was the last time a mainstream news organization got heat from its own viewer base because of inaccurate reporting? I mean, it's fun to dunk on fox news because you think they're obviously spewing lies or whatever, but that doesn't really matter unless their viewership actually cares. Meanwhile outrage drives clicks, so journalists are strongly incentivized to stretch the truth.

Re:China proposes prohibiting private investment in news ser... by ethbr0 on Saturday October 09, 2021 @11:27AM (#28810677)
The issue is that modern news (and the economic model that backs it) is a mix of entertainment, education, and investigation.

Even assuming all leads were pursued equally, and all stories were published, entertainment is still highly partisan.

Which, presumably, is why we saw partisanship jump when the entertainment component increased in revenue importance (90s talk radio, then 2000s competitive 24/7 news).

Fox News was objectively brilliant in that they saw this coming, which is why they went ahead and devoted a huge chunk of their airtime to entertainment-weighted programming.

Re:China proposes prohibiting private investment in news ser... by licebmi__at__ on Saturday October 09, 2021 @12:35PM (#28811231)
I think people care about accuracy. The problem being that the way our brains work, we perceive as accurate whatever matches our bias.
Re:China proposes prohibiting private investment in news ser... by MattGaiser on Saturday October 09, 2021 @11:15AM (#28810564)
They would rather have news that aligns with their values.
Re:China proposes prohibiting private investment in news ser... by pydry on Saturday October 09, 2021 @11:43AM (#28810824)
By that token snake oil in any shape or form shouldn't exist. Theoretically.

In any case, the eyeballs are the product. The advertisers are increasingly the true customers of media outlets. They don't even theoretically care about accuracy.

Re:China proposes prohibiting private investment in news ser... by MattGaiser on Saturday October 09, 2021 @02:51PM (#28812232)
Precisely. In that case people want hope/easy solutions rather than good solutions.